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TraCop-1%

  • #541
  • Jan 31, 2010 10:02am Jan 31, 2010 10:02am
Quoting spak3060
Hi Dear Forexcube,

Thank you for coming back.

explanation:
You arranged your open trades on the basis of alphabetic items,(just vice versa of close trade, on the basis of close time) which can manage them by the control of amounts of each items at a glance, and thinking about how could you find a good solution, first, for the largest loss amounts item, and then for the others, too.

Now:
(1) It's Okay
(2) It's very easy to control them at a glance.
(3) Yes, it is!

Yours Sincerely

Spak3060

Hello Spak3060
Thank you very much that you have take time to answer these questions.
I would invited you search counter-arguments of all points which you have affirmed.

To name but a few "What would be with the high quantity of open lot size when the market will go further down at the open day sunday evening? Isn't it that there will coming up a great chance that this account will get a great problem? I would say it could be a catastrophical desaster due to the fact that no order is hedged at the moment and the possibility are extremely high that all the wins would gone away and the margin call will spring up. Reconsidered it could be a high risk modell, which no trader could manage it.

In the next month I will work out a little more the aspects of risk- and money management on this thread here if it be a will.

Kindest regards

Forexcube
  • #542
  • Jan 31, 2010 10:24am Jan 31, 2010 10:24am
Quoting Forexcube
Hi ztdep
Sorry, but have I anything said that your post has something to do with china? I want express respectful good wishes to china, nothing cynically.

Kindest regards

Forexcube

...but much better respect and wishes for Tibet!
  • #543
  • Jan 31, 2010 10:33am Jan 31, 2010 10:33am
Quoting Porkpie
...but much better respect and wishes for Tibet!
Hello Porkpie

Tibet has brought me many friends.

Making forex trading without daily meditation might be for me unthinkably, today.

Affectionate regards to our friends in Tibet, too.

Kindest regards

Forexcube
  • #544
  • Edited 5:35pm Jan 31, 2010 4:15pm | Edited 5:35pm
Quoting Forexcube
Hello Spak3060
Thank you very much that you have take time to answer these questions.
I would invited you search counter-arguments of all points which you have affirmed.

To name but a few "What would be with the high quantity of open lot size when the market will go further down at the open day sunday evening? Isn't it that there will coming up a great chance that this account will get a great problem? I would say it could be a catastrophical desaster due to the fact that no order is hedged at the moment and the possibility are extremely high...
Hello Dear Forexcube,

Thank you for your explanation.
It was strange for me, that you gave this homework, because it was very simple to arrange the items, and you had told that you had made changes in the open orders. I misunderstood that you made it in appearance of platform in the open orders,and it was very simple and initial rule. Infact, I neglected of the main rule of the amount of losses.

Now I amend it: (seperated from your above explanation, and as a general rule)

Explanation:
These losses shows you:
- Didn't set the SL for your positions, that you entered positions which the trend has been against you, in higher timeframes, and you were going to enter and exit Quickly.
- Didn't get hedges when market prices turn on the next higher timeframe against you.
Then you made a huge amounts of losses which terminated most of your profits.

Now, the answers:
(1) It's wrong.
(2) It can terminate all of Profits, and deposits, too. (It is against MM)
(3) No it isn't.

Yours Sincerely

Spak3060
  • #545
  • Jan 31, 2010 4:37pm Jan 31, 2010 4:37pm
Quoting spak3060
Hello Dear Forexcube,
Thank you for your explanation.
...
Now, the answers:
(1) It's wrong.
(2) It can terminate all of Profits, and deposits, too. (It is against MM)
(3) No it isn't.

Yours Sincerely

Spak3060
Hello Spak3060

My sentiments exactly!

You're wellcome!

Forexcube
  • #546
  • Jan 31, 2010 4:43pm Jan 31, 2010 4:43pm
Reflections

I don't know if it is practicable to continue with the last 500.-$ account, inasmuch as it's grow up over 6'000.-$. What do you think about?

My target has been reached.

Are there any ideas how much of deposits should be start the next one?

Kindest regards

Forexcube
  • #547
  • Jan 31, 2010 4:50pm Jan 31, 2010 4:50pm
Hi Forexcube,

If I classify your system in a simple way as a rule, will help me to complete it, after present? But I need a little bit more time!

Thank you

Spak3060
  • #548
  • Jan 31, 2010 4:58pm Jan 31, 2010 4:58pm
Quoting spak3060
Hi Forexcube,

If I classify your system in a simple way as a rule, will help me to complete it, after present? But I need a little bit more time!

Thank you

Spak3060
Hello Spak3060

Yes, of course.

I am of your opinion.

Have the leisure to do it.

Kindest regards

Forexcube
  • #549
  • Edited 10:01pm Jan 31, 2010 5:04pm | Edited 10:01pm
Quoting Forexcube
Hello Spak3060

Yes, of course.

I am of your opinion.

Have the leisure to do it.

Kindest regards

Forexcube
Hi Forexcube,

OKAY,

I start, today (today is my birthday), and present it soon!

Best Regards

Spak3060
  • #550
  • Jan 31, 2010 5:09pm Jan 31, 2010 5:09pm
This week it could go up or down or up and down or down and up.

I think I'll prefere to trade M1, M5 and M30 this week with the currencies above when there will not qualify a clear trend further down.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD M30, EURJPY M30, GBPJPY M30, 2010 January 30.jpg Size: 176 KB
  • #551
  • Jan 31, 2010 6:12pm Jan 31, 2010 6:12pm
SoybnsMar 10, Weekly

Why not looking at Soybean (Glycine max) a species of legume native to East Asia?

(大豆 dàdòu) China
shōyu (醤油, しょうゆ) Japan
(đậu tương or đậu nành) Vietnam

The support and resistance levels might be a great entry chance, isn't it?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: SoyBeans.jpg Size: 98 KB
Click to Enlarge Name: SoybnsMar10, Weekly, 2010 January 31.jpg Size: 148 KB
  • #552
  • Jan 31, 2010 6:44pm Jan 31, 2010 6:44pm
EURUSD M5, 2010 February 01

Will EMA120 be broken?

Trade M1 with Enter Long with 1/2 of the deposits.

If candle TF M5 crosses the EMA120 Line and closes on the other (north) side, enter Long again with the other half.

Set Stop Loss.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2010 February 01.jpg Size: 132 KB
  • #553
  • Feb 1, 2010 9:58am Feb 1, 2010 9:58am
Start with 500.-$ &- 100.-$ a Day!

Balanced Account at 2010 February 02

Account no. 1409499
Open Day: 2010 January 19
Investor Code: du6ayil
update:
2010 January 27
Deposit: 500.- $
Balance: 6'722.10
Floating P/L: 0.00
Equity: 6'722.10
Closed Trade P/L: +6'222.10

Profit + 6'222.10 $

Over + 1'200% within 2 weeks
Attached File(s)
File Type: pdf TraCop-1%, 2010 February 01.pdf   113 KB | 262 downloads
  • #554
  • Edited 10:53am Feb 1, 2010 10:43am | Edited 10:53am
EURUSD, M15, 2010 February 01

Trade Example:

Enter short at PinBar and Exit one or four bars later. Switch on M1, too during the trade.

~40 Pips (1.3930 - 1.3896), whereby 20 or 25 pips could be enough for me.

mR1 = 1.3923
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M15, 2010 February 01.jpg Size: 132 KB
  • #555
  • Feb 1, 2010 11:02am Feb 1, 2010 11:02am
EURJPY, M15, 2010 February 01

Trading Tip

ADX > 40

Enter Short at 1.2630
Stop Loss around 1.2680

Take Profit at EMA20 at 126.00
If the Candle will it broken and close on the other side may be Enter short once more again.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY, M15, 2010 February 01.jpg Size: 152 KB
  • #556
  • Feb 1, 2010 11:27am Feb 1, 2010 11:27am
EURJPY, M5, 2010 February 01

Hold Enter Short.

EURJPY, M5 goes further down (P1) and look if candle clothes under EMA20 and look then at a EMA9-EMA20 crossover.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY, M5, 2010 February 01.jpg Size: 128 KB
  • #557
  • Feb 1, 2010 12:38pm Feb 1, 2010 12:38pm
Multiple Time Frame Analysis - MTFA

Some aspect which might be better to follow.

Market Direction
You need a confluence of arguments (reasons) in order to get the correct direction.

You will have far more success if you have more reasons (multiple arguments) telling you which way could be better to trade.

A hotly favored parameter for direction is "price" and specifically "market flow"


The best timeframes to look at the market flow are the Daily,
H4 and H1 charts.

Look at what the majority of those timeframes are saying in terms of market flow.

Look for the Market Flow with the EMA-Lines (9, 20, 55, 120, 200) and ADX on higher Time Frames (Weekly, Monthly, Daily, H4, H1) when trading the more global trend and on smaller TFs (H1, M30, M15, M5, M1) if trading shorter time.

Look for the formation of successive Highs and Lows on time frames H4, H1, M15

Analysis
The point of doing a top down analysis is to find a confluence of reasons to be trading in a certain direction.

It’s also important to note that the higher timeframes rule the lower ones

Daily Chart
Look for any significant areas of support or resistance that could hold price up.


Use candle stick patterns, such as reversal bars


Look at the price action:
Does it making successions of Highs and Lows


When it is so which direction are these Highs and Lows going?

4 Hour Chart
Look for the market flow.

Look for any levels of support or resistance such as old Highs or Lows.

1 Hour Chart
Look for the market flow.

Look for any formations that price may be forming.

Determine whether the price is making Highs and Low (next move).

Selecting a Direction with high Odds
We want a confluence of factors to confirm that we have the correct direction before we start an Entry market. (Sell or Buy Order).


With the retracements we look for a confluence to confirm our trading level or entry into the market.

We look to the higher timeframes and the market flow or price action in terms of higher Highs and higher Lows.


If you had price action indicating a possible long move by the market.

An ideal scenario is that you have both higher timeframe market flow and price action in agreement.

Example with 2 reasons for a bearish direction (short trade):
- we have higher timeframe market flow down
- we also have price action giving very bearish signals (lower Highs and lower Lows)

Look for pullbacks to enter the market once you are sure off the overall direction
  • #558
  • Feb 1, 2010 2:52pm Feb 1, 2010 2:52pm
Trading Example - Life Recorded (TELF)


TELF - 2010 Februar 01.camrec (EURUSD, M1) - Length: 5 minute

Recorded by Camtasia Studio .

http://www.myotherdrive.com/dyn/file...ebruary+01.zip

This zip.file conludes the file:
"TraCop, 5min Trading example, 2010 Februar 01.camrec" - 37'288 KB
  • #559
  • Feb 2, 2010 7:59am Feb 2, 2010 7:59am
Quoting Forexcube
Trading Example - Life Recorded (TELF)


TELF - 2010 Februar 01.camrec (EURUSD, M1) - Length: 5 minute

Recorded by Camtasia Studio .

http://www.myotherdrive.com/dyn/file...ebruary+01.zip

This zip.file conludes the file:
"TraCop, 5min Trading example, 2010 Februar 01.camrec" - 37'288 KB
Hi Forexcube!

Thank you very much for your system! I am trying to catch up on your information and I really have to say that I have learnt a lot in the last couple of hours.

I would love to see your video but unfortunately we need Camtasia Studio to convert this tool.

But I found a way for you to convert your file in .avi:
Inserted Video


It is very easy to convert for you.

Again many thanks for your afford to help us newbies!

Manuel
http://www.qtl.co.il/img/copy.pnghttp://www.google.com/favicon.icohttp://www.babylon.com/favicon.ico
  • #560
  • Edited 2:09pm Feb 2, 2010 11:20am | Edited 2:09pm
Start with 500.-$ &- 100.-$ a Day!

This months I will get you examples how to make money without ideal MM parameters (money management) or the statistics like "consecutive wins" or "largest loss trades", "maximum consecutive losses", "maximal drawdown", "relative drawdown". Only the exclusive "profit parameter" is for me important, when I will trade TraCop system on advanced level.

Trading with 5 Lots is not recommended for beginner level traders! Maximum should be 0.1 Lot with a 10'000.- $ Account - and even better could be trading with max. 0.01 lot with a 10'000.- $ Account.

Account no. 1409499
Open Day: 2010 January 19
Investor Code: du6ayil
update:
2010 February 02
Deposit: 500.- $
Balance: 10'060.31
Floating P/L: 0.00
Equity: 10'060.31
Closed Trade P/L: +9'560.31

Profit + 9'560.31 $

Over + 1'900% within 2 weeks
Attached File(s)
File Type: pdf TraCop-1%, 2010 February 02.pdf   120 KB | 297 downloads
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